H World Group Limited Sponsored ADR (NASDAQ:HTHT) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. cut its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 10.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 324,114 shares of the company's stock after selling 39,684 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.10% of H World Group worth $11,995,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in H World Group by 0.6% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 485,525 shares of the company's stock worth $17,969,000 after buying an additional 2,760 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in H World Group by 4,554.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company's stock valued at $432,453,000 after purchasing an additional 11,433,692 shares in the last quarter. Waverton Investment Management Ltd boosted its holdings in H World Group by 9.7% in the 1st quarter. Waverton Investment Management Ltd now owns 201,669 shares of the company's stock worth $7,465,000 after buying an additional 17,769 shares during the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of H World Group by 5.2% in the first quarter. Asset Management One Co. Ltd. now owns 33,926 shares of the company's stock worth $1,256,000 after acquiring an additional 1,684 shares during the last quarter. Finally, RV Capital AG boosted its position in H World Group by 7.0% during the first quarter. RV Capital AG now owns 659,652 shares of the company's stock worth $24,414,000 after acquiring an additional 43,315 shares during the last quarter. Institutional investors own 46.41% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on HTHT shares. JPMorgan Chase & Co. decreased their price objective on H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a report on Wednesday, May 21st. Morgan Stanley restated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, H World Group presently has an average rating of "Moderate Buy" and a consensus price target of $40.80.

H World Group Stock Performance

HTHT stock traded down $0.10 during trading on Thursday, hitting $33.22. The company had a trading volume of 1,081,548 shares, compared to its average volume of 2,001,438. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.69. The firm has a market cap of $10.20 billion, a PE ratio of 23.07, a price-to-earnings-growth ratio of 1.25 and a beta of 0.46. The firm has a 50-day moving average price of $35.19 and a 200-day moving average price of $34.61. H World Group Limited Sponsored ADR has a 1-year low of $27.03 and a 1-year high of $42.98.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.